Latest Trends and Insights in Real Estate Technology

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  • CoStar Group Expands Its Strength in Multifamily Listings

    THE MOTLEY FOOL

    CoStar Group (NASDAQ: CSGP) reported second-quarter results on July 24. The provider of commercial real estate information services and online marketplaces delivered strong revenue and profit growth, prompting it to boost its financial forecast for the second time this year. What happened with CoStar Group this quarter? CoStar is using acquisitions to widen its economic moat in its online apartment-listings business. Its integration of recent purchase ForRent is progressing ahead of schedu…

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  • WATCH: The Real Deal discusses WeWork’s latest venture: real estate advisory business

    THE REAL DEAL

    Last week, WeWork announced the launch of its real estate advisory business, which will represent companies and help them find office space outside of the co-working company’s locations. The Real Deal‘s deputy web editor Danielle Balbi and senior reporter Konrad Putzier discuss WeWork’s latest venture in the above video….

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  • Kespry Announces First Drone-Based High-Resolution Thermal Inspection Capabilities for Commercial Property and Industrial Facilities

    KESPRY

    Commercial property owners and managers can now detect potential damage faster and more accurately than manual inspections or first-generation drone solutions with new Kespry radiometric thermal inspection capabilities MENLO PARK, Calif. – Kespry, the leading drone-based aerial intelligence solution provider, today announced new high-resolution thermal inspection capabilities for commercial property and industrial facilities. Thermal building inspection is critical for organizations as they loo…

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  • Guest Blog – HqO Launches at Jamestown’s Innovation & Design Building [Video & Takeaways]

    CRETech

    By: Chase Garbarino, CEO and co-founder of HqO   On the heels of launching our Seaport neighborhood guide, we’re excited to announce the launch of our tenant experience platform at Jamestown’s historic Innovation and Design building in Boston. The IDB launch was a huge week for our team as the building clocks in at 1.4m sq ft, and fast forward five days of on-site amenities, in-app announcements, trivia and more, and over 1,0…

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  • Google showed off another human-sounding software bot and its famed scientist insists it won’t kill jobs

    BUSINESS INSIDER

    Google demonstrated an impressive new AI-enabled automated voice system that speaks and understands natural language much like the now famous Duplex digital assistant. Dr. Fei-Fei Li, Google’s chief AI scientist, stressed that the intention of the technology is not to replace human customer-service reps. But the obvious question following the demonstration was what happens when the system evolves and becomes more adept at communicating with humans? What happens to workers then? …

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  • The case for Amazon HQ2 in Toronto gets stronger amid Trump attacks and tech boom

    GEEKWIRE

    Amid a steady drumbeat of attacks from President Trump that probably don’t make Amazon feel particularly loyal to the leader of the United States, new statistics have emerged that paint Toronto as an attractive candidate for the company’s second headquarters. A new report from real estate services company CBRE ranks Toronto as No. 4 for tech talent out of 50 cities in the U.S. and Canada. The only city in the running for HQ2 that outranks Toronto is Washington, D.C., which is seen as a frontr…

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  • The CEO of Nextdoor, Nirav Tolia, will step down

    RECODE

    The CEO of Nextdoor, the social network for local neighborhoods, plans to step down from his role after almost eight years. Nirav Tolia, one of Nextdoor’s founders, emailed employees today that he is beginning a search for his own replacement, and will move into an “active” chairman role on the company’s board once the new hire is made. “I think if you’re lucky as a founder, you build your company to a point where it makes sense to find a proven operator to take that company to the next level,…

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  • Knotel Takes Nearly 50K SF at Jeff Sutton and Thor’s Soho Office Buildings

    COMMERCIAL OBSERVER

    Office provider Knotel has inked a lease for its largest Soho location to date after agreeing to take 49,000 square feet at 530-536 Broadway. Knotel signed on to take the entire second and third floors and part of the fourth floor at the trio of interconnected 11-story office buildings at the northeast corner of Spring Street, the company confirmed to Commercial Observer. Asking rent in the deal was $75 per square foot and the office provider’s lease term is for 10 years, according to The …

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  • Waymo Teams Up With Walmart, Avis and Others for Short Driverless Rides

    NY TIMES

    Waymo, Google’s autonomous-vehicle spinoff, wants to help you run your errands. The company said on Wednesday that it had teamed up with five companies, including Walmart, Avis and AutoNation, to offer rides in its self-driving cars in the Phoenix area. The partnerships hint at Waymo’s plans for fusing its technology into people’s everyday lives by transporting them between their homes and stores, restaurants or other nearby destinations….

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  • Managing Change Through Adaptability: How Parkway is Leading the Houston Market [WEBINAR]

    HONEST BUILDINGS

    Real estate owners and managers know that a key to creating value in any asset is adjusting strategies to fit evolving tenant priorities, changing economic climates, and unexpected market shifts. Attend the upcoming webinar to learn how Parkway, on of the largest owners of office real estate in Houston, Texas, has remained adaptable and agile throughout major planned and unplanned changes over the past few years. Between Hurricane Harvey, moving from a public to privately owned company, and a…

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